Category: General Real Estate

How Much Over Assessed Value Should You Pay for Land?

February 19th, 2024
Investing in land is a significant financial decision that can yield substantial returns if approached with careful consideration and strategic planning. One crucial aspect to address is determining "How Much Over Assessed Value Should You Pay for Land?" This process …Read more  »

Appraised Value of Home: Market Value vs Appraised Value

February 19th, 2024
Introduction to Appraised Value of Home The appraised value of a home is the estimated monetary worth of a property, as determined by a professional appraiser. This value is based on factors such as the property's location, size, condition, and …Read more  »

How to Pay Property Taxes Online?

February 19th, 2024
Understanding Property Taxes Property taxes can be a major expense for investors, but understanding how this tax works could save you thousands of dollars in the long run. The first thing to learn about property tax is that property is …Read more  »

Average Home Value Increase Per Year, 5 Years, 10 Years

February 19th, 2024
Understanding Home Appreciation Home appreciation is a fundamental concept in the world of real estate and property investment. It refers to the increase in the value of a residential property over time. This increase in value is influenced by various …Read more  »

What is the Property Tax Deduction Limit in 2024?

February 9th, 2024
If you own a home in the United States, you may be eligible to deduct your property taxes from your federal income tax return. However, the Tax Cuts and Jobs Act of 2017 imposed a limit on the amount of …Read more  »

Is Passive Income Taxable: Does Passive Income Get Taxed?

February 5th, 2024
Yes, passive income is taxable. The IRS has different rules and rates for taxing passive income, depending on the source, duration, and amount of the income. In this blog post, we will explain how passive income is taxed in the …Read more  »

What is the Tax Rate on Rental Income?

February 4th, 2024
If you own a rental property in the U.S., you may be wondering how much tax you have to pay on your rental income. In this blog post, we will answer some common questions about tax on rental income and …Read more  »

Do I Have to Report Rental Income From a Family Member

February 3rd, 2024
If you own a property in the U.S. and rent it out to a family member, you may wonder if you have to report the rental income to the IRS. The answer depends on whether you are renting the property …Read more  »

How is Rental Income Taxed When You Have a Mortgage

February 3rd, 2024
If you own a rental property in the United States, you may be wondering how your rental income is taxed, especially if you have a mortgage on the property. In this blog post, we will explain the basics of rental …Read more  »